$SPCX FAILS EMA21 RECLAIM – SHORT FROM 149.61-151.61 🚨


Entry: 149.61-151.61 🔥
Target: 148.40 / 144.00 / 136.00 🚀
Stop Loss: 154.20 ⚠️
This scenario is classic in terms of structure. SPCX was strongly rejected at resistance 151.89 and cannot even reclaim EMA21 on the hourly (1H) timeframe. Price is trading below both EMA21 and EMA50, and although MACD shows a small bullish tick, the 1H and 4H trend still points downward.
Longs are overly crowded at 6.06 — this sets up for a quick flush if support is broken. Also, Bollinger Bands are tightening, indicating pressure that usually explodes in the direction of the prevailing trend. A clear reclaim above 152.80 completely invalidates this idea. Will you take this short trade or wait for a second entry?
Not financial advice. Always manage your risk.
#SPCX #ShortSetup #Breakdown #Crypto #Trading
SPCX-0.82%
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